How to Lend Sui (SUI) in Vietnam

Introduction

Lending Sui is an excellent choice for those looking to hold SUI while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Sui (SUI) Tokens

   To lend Sui, you must first own it. To acquire Sui, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   PrimeXBT	Sui (SUI)	1.47
   YouHodler	Sui (SUI)	1.47
   Binance	Sui (SUI)	1.47
   BTSE	Sui (SUI)	1.47
   Coinbase	Sui (SUI)	1.47
   Kraken	Sui (SUI)	1.47

   View all 62 prices

2. 2. Select a Sui Lender

   Once you have SUI, you'll need to select a Sui lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Bitget	Sui (SUI)	Earn up to 2.5% APY
   Coinbase	Sui (SUI)	Earn up to 2.8% APY
   Kucoin	Sui (SUI)	Earn up to 2.6% APY

   View all 5 loan rates

3. 3. Lend Your Sui

   After selecting a platform to lend your Sui, transfer your Sui into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.